Logista at a glance

*Figures are rounded in this report, except percentages

This icon is used throughout the report to indicate the aspects considered to be most relevant overall

Consolidated income statement highlights

Consolidated balance sheet highlights

Unique business model

Logista has developed a unique business model that combines specialist distribution and integrated logistics with exclusive value-added services and powerful Business Intelligence tools, giving it the flexibility it needs to both meet its clients’ needs and comply with the regulatory requirements and standards of each sector.

Logista acts as single supplier for all the services that make up the supply chain, providing full traceability, using sustainable, transparent practices and offering advanced and specialist services for each sector and point-of-sale channel in which it operates.

This is achieved thanks to its comprehensive infrastructure network that, combined with its transport and information systems, enable it to manage the distribution of products from collection to point-of-sale delivery.

Logista also provides omnichannel marketing of products and services via its web platforms, point-of-sale terminals, cash & carry service points, call centres and sales force.

General principles of conduct

From the outset, Logista has developed, championed and fostered a corporate culture and philosophy based on the principles of legal compliance, honesty, integrity in management practices and transparency in the Group’s dealings and relationships with its shareholders, staff, suppliers, clients, communities and other stakeholders and interest groups.

The Code of Conduct sets out the guidelines and ethical values that govern Logista’s business operations. It establishes the principles that all members of the group must follow in their daily work and serves as a basis for the Group’s policies and procedures, all of which must be interpreted and applied in accordance with the Code.

The new Code of Conduct, which was approved by the board of directors in July 2021, specifically seeks to reinforce the principles of exemplary standards, business integrity, transparency and regulatory compliance, which must govern all the Company’s decisions and actions.

Logista’s operations rely on its relationships with employees, clients, suppliers, business partners, shareholders and other groups, and the Code of Conduct is designed as a guide for promoting respect, equality, diversity, and creating long-term sustainable value.

Business areas

Tobacco and related products

Distribution of tobacco and other convenience products, including both tobacco and non-tobacco related products, to the tobacconist channels in Spain, France and Italy, and to the tobacco distribution channels in Portugal. In Spain and Italy, this also includes the distribution of convenience products to other proximity channels.

Transport

Management of full load, long-distance transport throughout Europe, and industrial and small parcel transport services in Spain and Portugal.

Through this business area, Logista provides transport services to its other businesses and to third parties.

Pharmaceutical distribution

Pharmaceutical products distribution and logistics services in Spain and Portugal.

Other businesses

Publication distribution and logistics services in Spain and Portugal.

Market position

Logista provides high value-added logistics services, specialising in distribution to local retailers in southern Europe.

• We are the preferred distribution partner for manufacturers, providing their route to consumers through simple and rapid access to proximity channels. We offer all the services they need, from the most basic outlets to those with greater value-add to reach hundreds of thousands of independent points of sale.
• As a hospital distributor and logistics operator, Logista is constantly developing dedicated services for each sector, and works closely with clients to tailor its offering to their current needs and anticipate their future needs.
• As a transport services operator, Logista pursues a strategy of differentiation by specialising in the long-distance transport of high-value products that require a temperature-controlled environment, industrial parcel transport and by offering home delivery (B2C) and the highest standard of small parcel transport service to business clients (B2B).

Differentiation

• We respect manufacturers’ product strategies in each channel and ensure specialist and transparent distribution of their products to retail channels through a single service provider, thus enabling them to focus on their core business and on achieving economies of scale.
• We have highly specialised staff who are continually working to anticipate their clients’ needs and offer new services that meet those needs.
• The broad portfolio of products and services that we provide through a single point of contact, along with our omnichannel order-taking capacity for retail points of sale allows us to offer specialist technological solutions (with Point-of-Sale Terminals developed in-house, we provide day-to-day simplicity and bring our clients opportunities to grow their businesses).
• Our operating model combines volume consolidation at large logistics centres, where operations can be automated, with a presence close to the point of sale via the nationwide roll-out of service points. Working in this way helps create synergies gives us the flexibility to be able to adapt quickly to changes in the level of activity.

Group structure

Compañía de Distribución Integral Logista Holdings, S.A.

Compañía de Distribución Integral Logista S.A.U. (100%)

• UTE Logista - IGT Spain Lottery (en liquidación) (50%)

Logista Pharma (100%)

• Be to Be Pharma, S.L.U (100%)

Logista Pharma Canarias, S.A.U (100%)

Dronas 2020, S.L.U. (100%)

Logista-Dis, S.A. (100%)

Logista Libros, S.L. (50%)

La Mancha 2000, S.A. (100%)

Logesta Gestión de Transporte, S.A.U. (100%)

• Logesta Italia (100%)
• Logesta Francia (50%)
• Logesta Deutschland (100%)
• Logesta Lusa (51%)
• Logesta Polska (51%)

Compañía de Distribución Integral de Publicaciones Logista, S.L.U. (100%)

• Logista Regional de Publicaciones, S.A.U. (100%)
• Distribuidora del Este, S.A.U. (100%)
• Distribuidora Valenciana de Ediciones, S.A. (50%)
• Cyberpoint, S.L. (100%)
• Distribuidora de Publicaciones del Sur, S.L. (50%)
• Distribuidora de Aragón, S.L. (5%)
• Promotora Vascongada de Distribuciones, S.A.U. (100%)
• Distribuidora de Las Rías, S.A.U. (100%)
• Distribuidora de Ediciones Sade (70%)
• Distribuidora del Noroeste, S.L. (51%)
• Publicaciones y Libros, S.A. (100%)
• Distribución de Publicaciones Siglo XXI Guadalajara, S.L. (80%)

Logista Payments, S.L.U (100%)

Distribuidora del Noroeste (49%)

Logista France Holding (100%)

• Logista Promotion et Transport (100%)
  • Logesta Francia (50%)

Logista France (100%)

• Societé Allumetiére Francaise (100%)
  • Supergroup (100%)

Logista Italia (100%)

• Terzia (100%)

Companhia de Distribuiçao Integral Logista Portugal (100%)

• Midsid (100%)
• Logista Transportes e Transitos (100%)
  • Logesta Lusa (49%)

Logesta Polska (49%)

Logista Polska (100%)

Governing bodies

Operational structure and international presence

Logista’s organisational structure is headed by the Chief Executive Officer and supported by a Management Committee, comprising: